0418 Chinese flags in the tech world
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Yang Zhiyuan laughed at himself: "Fei Luo, I will complain to you in private!" Right now, Yahoo is stuck in a long-term agreement with goog1e, and to be honest, I don't know what to do to make the best decision for Yahoo! I don't think it's rational for shareholders to sell GOOG1E and Chenxing Network's shares and take hostile behavior towards Chenxing Holdings! Although the Nasdaq crash caused our Yahoo stock price to plummet, we had enough cash flow to tide over the storm and there was no need to sell Goog1E shares! β
After hesitating for a moment, Yang Zhiyuan groaned: "Actually, I have a good idea I want to discuss with you!" β
"What thoughts?" David? Ferro asked.
"I plan to ......"
Before Yang Zhiyuan could finish speaking, a young secretary knocked on the door and walked in and said, "Sir, Andrew, the financial officer of the goog1e seat?" Mr. Freeman made an appointment, and he said he had something to do with you! β
"Andrew? Freeman? How did he get here? Yang Zhiyuan raised his eyebrows in surprise.
David? Fei Luo hugged the back of his head and said thoughtfully: "I came to see you within two days of coming back from Hong Kong, maybe Song Chen asked him to come to see you!" β
The two of them glanced at each other, and Yang Zhiyuan said to the secretary: "Miss Dani, please let him in!" β
"Okay!"
After Dani goes out, ready to greet the other party's David? Fei Luo stood up with Yang Zhiyuan. Subsequently, Dani leads Andrew? Freeman walked in.
Compared to Fei Luo Yang Zhiyuan's solemn eyes, Andrew? Freeman's face was full of spring, and he smiled at Dani to express his gratitude, and his expression was very relaxed.
"Good morning, Mr. Yang! Oh, Mr. Ferro is here, too! β
"Good morning, Mr. Freeman!"
Yang Zhiyuan made a gesture of invitation to Sha, and after Freeman sat down, he lifted his trousers and sat down with him: "Mr. Freeman, I heard that you just came back from Hong Kong, and I didn't know that you came to me without an appointment this time." But what's the matter? β
Freeman apologized for his abruptness, and then muttered: "The chairman can't return to the United States for the time being because the affairs in China still need to be dealt with for a few months!" After the Hong Kong Summit, he asked me to meet you about some 'unfriendly rumors' about Yahoo! β
Although Song Chen instructed Andrew? Freeman met with Yang and bought Yahoo's shares in Chenxing Network and Goog1E, but Andrew? Freeman, however, did not want to give up the initiative of the negotiations to Yahoo lightly, so he deliberately confused the meaning of this time.
Unfriendly rumors? Yang Zhiyuan and David? Ferro glanced at each other, and they all smiled wryly. Yang Zhiyuan said quietly: "What do you mean by the so-called 'unfriendly rumors'? β
Andrew? Freeman said unceremoniously: "Mr. Song heard that Yahoo is interested in selling Goog1E shares, and you are frequently in contact with the news of equity private equity funds?" Maybe Yahoo hasn't forgotten that there is an agreement between us if your company resells GOOG1E shares to a third party. It must be agreed by us because we have the right of first refusal! β
Yang Zhiyuan's face turned red, and then he explained righteously: "We have not forgotten the agreement between the two parties, and the facts are not as strict as Mr. Freeman said, only a few PE companies that did not know that we had an internal agreement came to us, but we refused!" β
"Yahoo is a great Internet company, and we believe that you will respect the authority of the agreement!" Andrew? Freeman nodded in satisfaction, first putting a top hat on Yahoo, and then said in a non-satisfied manner. "However, we have heard about the hostility towards goog1e within Yahoo, which is a very regrettable thing! Yahoo is the hegemon of the portal and has an absolute advantage in the online advertising market. Goog1e is only two years old to search for technology suppliers, and last year's operating income was only a fraction of Yahoo's, I think Yahoo's hostility to Goog1e is unfounded! It must be pointed out that we at goog1e have achieved traffic growth with the help of Yahoo. But Yahoo only needs to pay a negligible technical service fee every year, and I think our cooperation is a great example of how we can achieve a win-win situation! β
Andrew? Freeman spat freely and spared no effort to praise the cooperation. Yang Zhiyuan and David? Fei Luo looked at each other and couldn't cry or laugh, his tongue was bitter, and he couldn't speak for a long time.
Admittedly, goog1e's current operating income is less than a fraction of Yahoo's, but goog1e's threat to Yahoo is growing day by day. Moreover, Yahoo is also a user of AORDS, and Yahoo needs to pay hundreds of thousands of dollars a year to Goog1E for data purchases, and it is increasing in a straight line every month. It is obviously unfair that Freeman avoids talking about this!
Yang Zhiyuan muttered: "Mr. Freeman, the cooperation between Yahoo and goog1e is indeed close, and we will not deny this, but the results of goo1ge and Baidu in the past two years make us uneasy...... In this way, I have a good idea, and I originally planned to negotiate with Song Chen in person, but since it will take a long time for him to return to the United States, I can confide in you first and consider whether my plan has a chance to be realized! β
"Oh?" Andrew? Freeman raised his brow, his expression very solemn.
Yang Zhiyuan took a deep breath, and then said softly: "Mr. Freeman, goog1e... Is there a possibility of selling zΓ i? β
After listening to Yang Zhiyuan's plan, Andrew? Freeman was speechless, and only one puzzle remained in his mind: how could this person be so naΓ―ve?
Any IT practitioner has already seen that Baidu and Goog1E are one of the keys to whether the "Chenxing Model" can form a "closed ecosystem"! If the "Chenxing Mode" is compared to a sports car with superior performance, then GoOG1E and Baidu are undoubtedly the motivation engines of this sports car!
Let's ask, how could Song Chen sell such a core part, or let others control it?
Compared to the speechless Freeman, David? Fei Luo was very excited, he understood that this was the topic that Yang Zhiyuan wanted to talk about just now. As a technical engineer, he supports Yang's plan, saying: "This is a very exciting deal, and for this reason, we at Yahoo are willing to close this acquisition at a high premium!" β
Only, to their disappointment, it was. Andrew? Freman did not hesitate to reject their proposal: "Impossible! Mr. Yang, Mr. Fei Luo, goog1e and Baidu are related to the core business of Zhongmei Chenxing Holdings, which is an asset that cannot be transferred, which is the truth that all employees who work for Chenxing understand! Therefore, I can refuse this answer on behalf of Mr. Song Chen! β
Shaking his head with a wry smile, Yang Zhiyuan said lightly: "If Song Chen can agree, with my influence and that of Ferro, even if the NASDAQ stock market crash has caused our stock price to be hit like never before." We still have enough leverage to make this deal happen. It's just that now it seems that this is just my one-sided imagination, which is terrible! It's just that Mr. Freeman, the investment institutions that want to sell the shares of goog1e and Chenxing Network have enough decision-making power, and I can't stop the hostility of the board of directors against goog1e from continuing to spread! β
Just waiting for your words!
Andrew? Freman's heart was so happy that he pretended to mutter, and persuaded him to retreat: "This is of no use to Yahoo!" Mr. Yang, Mr. Ferro. What if Yahoo 'de-stared'? As you all know, goog1e has a long-term five-year contract with Yahoo, and this kind of hostile behavior can cause unnecessary losses to both parties! β
David? Ferro muttered, "I won't hide it from you, Mr. Freeman. If Yahoo finally decides to sell shares in Goog1e and Chenxing Network...... The search box on our website may either be blocked or moved to an inconspicuous location! β
Andrew? Freeman was amazed!
Not because of David? Ferro's threat is Yahoo's short-sightedness! This kind of business behavior that ignores the user experience and is only driven by profit is a forbidden area that Song Chen has repeatedly warned that cannot be crossed. If goog1e executives have such a plan. Not to mention that it has been realized, it is a big hello to whether you can keep your job or not!
What about Yahoo blocking its own search box? This behavior only makes goog1e lose Yahoo's search processing requirements, and has no impact on goog1e's own performance.
Not to mention. Now that goog1e has thrived into a powerful emerging force, Yahoo's search business doesn't matter anymore! The main reason why Song Chen signed such a long agreement with Yahoo in the first place was that he didn't want Yahoo's orders to be handed over to competitors to win time for himself, rather than getting long-term traffic from Yahoo!
So, Andrew? Freeman said flatly: "That's a loss for both sides, and Yahoo will be spurned by users!" If you have such intentions, it is really sad news! β
Yang Zhiyuan's faces suddenly became gloomy.
See when the time comes, Andrew? Freeman finally revealed his purpose: "Actually, I came to see you this time, mainly because Mr. Song is grateful to Mr. Yang for his care and help, and I hope to repay you with practical actions!" If Yahoo really wants to sell Goog1E shares, I hope that you can follow the agreement, and we at Starstar Holdings will buy back these shares! Mr. Song told me, the United States Chenxing Holdings will give you enough returns! β
Thinking of Song Chen's young and youthful face, Yang Zhiyuan was silent.
See Yang Zhiyuan and David? Ferro has a move, Andrew? Freeman continued, "I understand that Yahoo has different differences about its investment in Chenxing Network, and if we reach a repurchase agreement, Chenxing is willing to increase the share price of Chenxing Network by 1o% to buy back! β
Yang Zhiyuan said coldly: "At the beginning, Song Chen used the interest on loans and profits in the bank as an after-dinner conversation, and most people laughed at him for being stupid, and so did I, and I also persuaded him to buy Yahoo shares from the secondary market, but he politely refused with another investment project...... Now it seems that there are more people in this world who are not sober-minded than sober-minded! Song Chen was scheming, just to wait for this moment, right? β
Seeing that Yang Zhiyuan's words couldn't hide his dissatisfaction with Song Chen, Andrew? Freeman said lightly: "What Mr. Song thought at the beginning, many people don't know, including us high-level executives!" Whether he is scheming or not, his gratitude to you will not change! Before coming to the United States, he asked me to convey a word on my behalf, but Mr. Yang didn't know if he would like to hear it. β
Yang Zhiyuan was silent for a moment and then said softly: "What words? β
"Wang An's failure stemmed from his character flaws and strategic shortcomings, and he lacked a mentor and friend who could point out his mistakes! Wang An's failure is a loss for the Chinese, and it is irretrievably regrettable, the scientific and technological community has since lost a banner belonging to the Chinese, and he now wants to make up for this shortcoming! "Andrew? paused, then looked directly at Yang Zhiyuan, and said in a deep voice, "Are you willing to accompany him to realize this wish?" β
Opening his mouth slightly, his lips trembling slightly, Yang Zhiyuan never thought that Song Chen had such a grand dream buried in his heart. However, he was a businessman after all, and although he was touched, he still asked in a complicated tone: "Mr. Freeman, what if you want to, what if you don't want to?" β
Andrew? Freeman said excitedly, "If you are willing, we at Chenxing are very willing to become a shareholder of Yahoo and strengthen our alliance!" If you don't want to, like I said earlier, we're going to buy back shares from Yahoo, and our relationship will be very difficult to handle until the deal ends, which doesn't make sense! β
Even if you don't consider the relationship between superiors and subordinates, and stand in the position of a white man, Andrew? Freeman admires Song Chen's great idea very much, and understands why Song Chen absorbs talents, especially senior engineers, at all costs, builds Chenxing's patent pool, and invests heavily in research on emerging technologies even when the company has not yet produced output!
No matter what the future of Chenxing Company is, this kind of down-to-earth and pragmatic sincerity is a noble quality that can hardly be seen!
Yang Zhiyuan was silent for a long time before he said, "Mr. Freeman, we need time to find a choice that is in the interests of our Yahoo!" β
Andrew? Freeman noticed that Yang Zhiyuan used "Yahoo interests", which made him shake his head in his heart, knowing that Song Chen's private vision was very likely to be frustrated, the reason is that the conflict of interest between Yahoo and Chenxing Network is very obvious not goog1e, but Chenxing network, the reason is that goog1e has made it clear that it will not display the content of the portal!
Of course, since goog1e's source of profit comes from advertising, goog1e is also a competitor to Yahoo! (To be continued.) For mobile phone users, please go to read. (To be continued.) For mobile phone users, please go to read. )